Confidence within Ghana’s banking sector is on an upward trajectory, as the Bank of Ghana’s (BoG) latest Systemic Risk Survey (SRS) indicates that an overwhelming 82.6% of respondents expect the ...
The Bank of Ghana (BoG) has rolled out a new set of stringent regulatory measures aimed at strengthening the resilience, transparency, and global competitiveness of the country’s banking system. Governor ...
Ghana's financial landscape is witnessing a concerning uptick in Non-Performing Loans (NPLs), particularly within the Savings and Loans sector. This concerning trend has raised fears about the stability of the ...
The pressure on the cedi's value has eased due to an increase in foreign exchange (FX) liquidity, especially in US dollars. This improvement follows the Bank of Ghana's significant intervention ...
Corporate demand and a strong US dollar have put significant pressure on Ghana's currency, the Cedi, during the first four months of 2024. Databank, an asset management company, predicts that ...
Zenith Bank (Ghana) Ltd started off strong in the first quarter of 2024, with impressive financial results demonstrating solid performance in profitability, liquidity, and capital adequacy. According to the bank's ...
Dr. Richmond Atuahene, a Banking and Corporate Governance Consultant, has expressed worry over the banking sector’s low ability to withstand losses due to effects of the Domestic Debt Exchange Programme ...
Kosmos Energy has successfully refinanced its revolving credit facility (RCF) and also completed the semi-annual redetermination of its reserve based lending facility (RBL), after an amendment and extension of same ...
Ghana’s ability to raise $5 billion from the issuance of bonds from the International Capital market (ICM) despite debt concerns may increase the appetite of other countries in the sub-region ...
An assessment on the banking sector performance in 2020 indicates that loan loss provisions grew by 28.0 percent, higher than the 23.6 percent a year ago reflecting elevated credit risks ...
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